Investing vs Paying Credit Card Debt
July 23rd, 2010 | by admin |MoneyTalksNews asked:
If you carry a balance on one or more credit cards, you’re not alone: according to the Federal Reserve, nearly half of American families do. And nearly half of American families also have some sort of bank savings accounts. If you have savings, should you use that money to pay off your credit cards?
Charles
Tags: American Families, Bank Savings, Credit Card Debt, Credit Cards, Credit Debt, Federal Reserve, Investing, Money
24 Responses to “Investing vs Paying Credit Card Debt”
By Mowglibaloo2 on Jul 25, 2010 | Reply
Sara
Hard concept for some to follow
By 407buddy on Jul 27, 2010 | Reply
Wayne
Sorry folks, you have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulation
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, AIG, scum and frauds.
The Fed, Comex, Govt Data: frauds. Your labor devalued to Zero,
Pull your money out, walk away from your CC card debt.
FICO scores are a fraud and to enslave you. Load up on silver bullion
(in your hands), buy local mom and pop. Starve The Beast!
By mplsridah on Jul 31, 2010 | Reply
Colleen
either way ur failed. if u wanna win, balance both
By 376Susan on Aug 1, 2010 | Reply
Diana
Actually credit is not “real money” Its just monopoly money and you dont have to pay into the corrupt banking system of american enslavement,, most mainstream ppl just know about settlement but that a HUGE scam so i figured ide share this info about this amazing company who helped me get rid of my debt within a year and protected my assets(home,bank) from any liens or levy..their cost is dirt cheap..check them out debtcrisissolutions(dot)com or call the person directly who helped me 347-492-4014
By DWHold1 on Aug 4, 2010 | Reply
Clyde
Creditors harassing you?
In fear of bankruptcy?
ALPHA DEBT SETTLEMENT will get you the help you need.
Fast debt relief and have your life back in control in no time!
Visit ALPHA SETTLE Today!!!
By HurricaneHeidi on Aug 6, 2010 | Reply
Juanita
Congress is bought and paid for by the banking lobby. They have just given BILLIONS of taxpayer dollars away to these big banks under the pretense that they should be kept solvent so they can LEND YOU MONEY. What sense does it make to GIVE them taxpayer money so that they can turn right around and LEND it back to you at INTEREST? Think about it.
TAKE BACK YOUR MONEY AMERICA
watch?v=SG0gcw6cqto
.
By metfan213 on Aug 6, 2010 | Reply
Marlene
Fix your your own credit, CreditEZ net
By musicgeek3 on Aug 7, 2010 | Reply
Lisa
watch the movie or read the book
” MAXED OUT ”
and then see if you still want to carry any credit cards ever again !
By usuc1212 on Aug 8, 2010 | Reply
Josephine
SMARTWALLETdotORG
By ganymedeIV4 on Aug 11, 2010 | Reply
Tommy
oh yea the card itself isn’t bad.
It’s the people who give you the card that are the satans.
Yes Yes I do need soda and a lan cable.
By unytcommsys on Aug 13, 2010 | Reply
Edith
Do you need soda? No. Do you need cable? No. Do you need the internet? Maybe? Figure out what you don’t need and you’d be surprised at how much money you save.
By unytcommsys on Aug 16, 2010 | Reply
Peggy
The credit card is not bad. Remember that people get messed up when they don’t pay the bill in full. Many card issuers have cash rewards, discounts, etc. I would be a fool not to use a rebate thrown at me. Remember IF YOU DON’T HAVE THE MONEY DON’T SPEND IT.
By quixotic51 on Aug 18, 2010 | Reply
Steve
Way to go ganymedelV4, We run on cash and have plenty coming in. Don’t miss the plastic at all!
By ganymedeIV4 on Aug 20, 2010 | Reply
Paula
heeeyyy I’m a Rare American. Plastic free here.
And yes people are dumb enough to not pay off there CC bills at the end of the month. last time I checked, IQ isn’t asked on a CC application. I suppose it should be.
By ergotwotwo on Aug 23, 2010 | Reply
Beverly
nevous8, that may be true, but those households don’t have $10,000 in cash laying around. This video is basically saying if you have a crapload of cash, pay off credit cards, pretty obvious.
By dronkgat21 on Aug 23, 2010 | Reply
Raul
wow!! as if we dont know this
By UnconcernedCitizen on Aug 26, 2010 | Reply
Rose
After I find a job, I will watch this video again. Thanks.
By nevous8 on Aug 27, 2010 | Reply
Robert
average american household has 4.5 credit cards or something.
By Tonytan0 on Aug 27, 2010 | Reply
Ashley
lol wow..well i got a system to get ppl out of debt
hurryupcash(dot)com
It’s how I receive money for me to spend and extra.
You too, can receive up to $100-$3500 potential to your door daily.
By ergotwotwo on Aug 29, 2010 | Reply
Vincent
are people really that retarded that they would have money laying around with a 15% credit debt?
By farhmoha on Aug 31, 2010 | Reply
Michele
lol his name is stacy hahaha
By hotdesichicks on Sep 1, 2010 | Reply
Wanda
awsome stuff must say…
By lodossheros on Sep 2, 2010 | Reply
Tamara
true
By Orvextrue on Sep 4, 2010 | Reply
Holly
Live chavez Live venezuela
__________Visit my chanel youtube